Project Key Facts and Figures Infrastructure Management

9

Jilin 12-13

Liaoning Beijing

31 4 Inner Mongolia Tianjin

Hebei 8 26-29 Ningxia 16

Qinghai Shanxi Shandong 10

Shaanxi Jiangsu Henan 14-15,18 4 Anhui 30 3 Shanghai

17 Sichuan 11 Hubei 7 Chongqing Hunan Zhejiang Jiangxi Guizhou Fujian

1-18 2-6 1-2 1-3 Taiwan Yunnan 19-25 32 15 Guangxi

Macau

Hainan Roads Water Bridges Energy Treatment & Waste Management NWS Holdings Limited Annual Report 2003 166/167

Roads

Guangdong Road Network

Roads

Expressway

Grade 1 Highway

Grade 2 Highway

Southern Guangdong

1. City 2. Beijing – Northern Ring Road Expressway (Guangzhou – Zhuhai Section)

NWSH’s Attributable Interest 65.29% 25% Form of Investment CJV CJV Length 22km Section I: 8.6km Section II: 53.8km Lanes Dual 3-Lane Section I: Dual 3-Lane Section II: Dual 3-Lane / Dual 2-Lane Location Guangzhou City Guangdong Province Operation Date January 1994 Section I: May 1997 Section II: December 1999 Expiry Date 2023 2030 Current Toll Rates Rmb2 – Rmb75 Section I: Rmb2.84 – Rmb17.62 Section II: Rmb5 – Rmb180 2003 2002 2001 2003 2002 2001 Ave. Daily Traffic Flow 117,217 120,556 130,747 Section I: 31,513 27,731 24,912 Section II: 29,039 24,926 20,079

Western Guangdong

3. Roadway No. 321 4. Roadway No. 321 5. Roadway No. 321 (Fengkai Section) (Deqing Section) (Gaoyao Section)

NWSH’s Attributable Interest 45% 45% 55% Form of Investment CJV CJV CJV Length 42km 79km 23.8km Lanes Dual 2-Lane Dual 2-Lane Dual 2-Lane Location Deqing County Gaoyao City Operation Date December 1994 September 1995 August 1998 Expiry Date 2019 2020 2019 Current Toll Rates Rmb2 – Rmb60 Rmb3 – Rmb70 Rmb2 – Rmb30 2003 2002 2001 2003 2002 2001 2003 2002 2001 Ave. Daily Traffic Flow 4,899 5,346 5,135 5,907 6,342 6,023 8,506 9,332 8,954

6. Roadway No. 1962 7. Roadway No. 1958 8. Roadway No. 324 (Gaoyao Section) (Deqing Section) (Gaoyao Section)

NWSH’s Attributable Interest 60% 65% 40% Form of Investment CJV CJV CJV Length 32.4km 30km 24km Lanes Dual 1-Lane Dual 1-Lane Dual 2-Lane Location Gaoyao City Deqing County Gaoyao City Operation Date August 1998 May 1999 February 1994 Expiry Date 2026 2023 2015 Current Toll Rates Rmb2 – Rmb25 Rmb2 – Rmb25 Rmb2 – Rmb30 2003 2002 2001 2003 2002 2001 2003 2002 2001 Ave. Daily Traffic Flow 2,258 2,398 2,387 569 541 639 9,644 9,079 8,779 Project Key Facts and Figures — Infrastructure Management

Western Guangdong

9. Roadway No. 1969 10. Roadway No. 1964 11. Shuangjin Roadway (Gaoyao Section) (Zhaojiang Section) (Gaoyao Section)

NWSH’s Attributable Interest 10% / 58% 70% 61% Form of Investment CJV CJV CJV Length 27km 32km 34km Lanes Dual 1-Lane Dual 2-Lane Dual 1-Lane Location Gaoyao City Gaoyao City Gaoyao City Operation Date January 1998 December 1995 September 1997 Expiry Date 2024 2019 2024 Current Toll Rates Rmb2 – Rmb25 Rmb2 – Rmb30 Rmb2 – Rmb20 2003 2002 2001 2003 2002 2001 2003 2002 2001 Ave. Daily Traffic Flow 2,303 2,462 2,452 6,519 6,424 6,185 413 867 1,552

Northern Guangdong

12. Roadway No. 1959 13. Roadway No. 1906 14. Roadway No. 1960 (Qingxin Section) (Qingcheng Section) (Guangning Section)

NWSH’s Attributable Interest 75% 80% 55% Form of Investment CJV CJV CJV Length 26.6km 26.8km 60km Lanes Dual 2-Lane Dual 2-Lane Dual 1-Lane Location Qingxin County, City Qingcheng , Qingyuan City Operation Date November 1998 September 2001 July 1996 Expiry Date 2027 2028 2020 Current Toll Rates Rmb2 – Rmb25 Rmb2 – Rmb20 Rmb2 – Rmb60 2003 2002 2001 2003 2002 2001 2003 2002 2001 Ave. Daily Traffic Flow 3,592 3,928 3,879 3,569 2,909 N/A 4,717 4,607 4,404

15. Roadway No. 1960 16. Roadway No. 1962 ( Section) (Guangning Section)

NWSH’s Attributable Interest 50% 55% Form of Investment CJV CJV Length 47km 19.5km (including a 301-metre bridge) Lanes Dual 2-Lane Dual 1-Lane Location Sihui City Guangning County Operation Date Wumagang Bridge Toll Station: April 1998 January 1996 Shatou Toll Station: June 1996 Expiry Date 2021 2023 Current Toll Rates Rmb2 – Rmb60 Rmb2 – Rmb25 2003 2002 2001 2003 2002 2001 Ave. Daily Traffic Flow 5,800 5,966 5,655 795 807 765

Eastern Guangdong

17a. - 17b. Shenzhen-Huizhou 18. Hui-Ao Roadway Expressway Roadway a. Hui-Dan Section (Huizhou Section) (Huizhou Section) b. Hui-Ao Section

NWSH’s Attributable Interest 33.33% 50% 50% Form of Investment CJV CJV CJV Length 34.7km 21.8km Hui-Dan Section: 36km Hui-Ao Section: 50.5km Lanes Dual 2-Lane Dual 2-Lane Hui-Dan Section: Dual 1-Lane Hui-Ao Section: Dual 2-Lane Location Huizhou City Huizhou City Huizhou City Operation Date June 1993 December 1997 Hui-Dan Section: January 1996 Hui-Ao Section: October 2000 Expiry Date 2027 2023 2028 Current Toll Rates Rmb15 – Rmb85 Rmb1 – Rmb25 Rmb2 – Rmb25 2003 2002 2001 2003 2002 2001 2003 2002 2001 Ave. Daily Traffic Flow 11,375 7,314 6,312 11,529 11,979 11,383 7,462 5,930 4,062 NWS Holdings Limited Annual Report 2003 168/169

Guangxi 19. Beiliu City Roadways NWSH’s Attributable Interest 60% Road Network Form of Investment CJV Length Phase I: 18.2km Phase II: 21.6km Lanes Dual 1 to 2-Lane Location Beiliu City Operation Date Phase I: August 1997 Phase II: May 1998 Expiry Date 2022 Current Toll Rates Rmb1 – Rmb25 2003 2002 2001 Ave. Daily Traffic Flow 4,501 4,590 5,552 Roads

Grade 1 Highway

Grade 2 Highway

20. Rongxian Roadways 21. Yulin – Shinan Roadway 22. Yulin Shinan – Dajiangkou Roadway

NWSH’s Attributable Interest 70% 60% 60% Form of Investment CJV CJV CJV Length Phase I: 9.2km 27.8km Phase I: 8.7km Phase II: 16.8km Phase II: 30km Lanes Dual 1 to 2-Lane Dual 2-Lane Dual 1 to 2-Lane Location Rongxian Yulin City Yulin City Operation Date Phase I: October 1997 May 1998 Phase I: August 1997 Phase II: May 1998 Phase II: January 1999 Expiry Date 2022 2022 2022 Current Toll Rates Rmb1 – Rmb25 Rmb1 – Rmb25 Rmb1 – Rmb25 2003 2002 2001 2003 2002 2001 2003 2002 2001 Ave. Daily Traffic Flow 4,521 4,289 4,430 5,753 4,937 4,638 2,941 2,721 2,415

23. Yulin Shinan – 24. Roadway No. 321 25. Cangwu County Roadway ( Section) Roadway

NWSH’s Attributable Interest 60% 45% 70% Form of Investment CJV CJV CJV Length 20km Phase I: 8.7km 10.1km Phase II: 4.3km Lanes Dual 2-Lane Dual 2-Lane Dual 2 to 3-Lane Location Yulin City Wuzhou City Cangwu County Operation Date N/A Phase I: March 1997 January 1999 Phase II: December 1998 Expiry Date 2022 2022 2022 Current Toll Rates N/A Rmb2 – Rmb30 Rmb1 – Rmb22 2003 2002 2001 2003 2002 2001 Ave. Daily Traffic Flow N/A 4,994 5,558 5,377 4,503 5,055 4,990

26. Shanxi Taiyuan – Gujiao Shanxi Roadway (Taiyuan Section) Road Network NWSH’s Attributable Interest 60% / 90% Form of Investment CJV Length 23.18km Lanes Dual 1-Lane Location Taiyuan City Operation Date July 2000 Expiry Date 2025 Current Toll Rates Rmb10 – Rmb60 (effective from 5 August 2002) 2003 2002 2001 Roads Ave. Daily Traffic Flow 430 630 670

Grade 1 Highway

Grade 2 Highway Project Key Facts and Figures — Infrastructure Management

27. Shanxi Taiyuan – Gujiao 28. Roadway No. 309 29. Taiyuan – Roadway (Gujiao Section) (Changzhi Section) Changzhi Roadway (Changzhi Section)

NWSH’s Attributable Interest 60% / 90% 60% / 90% 60% / 90% Form of Investment CJV CJV CJV Length 36.02km 22.2km 18.3km Lanes Dual 1-Lane Dual 1-Lane (16.75km) Dual 1-Lane (4.05km) Dual 2-Lane (5.45km) Dual 2-Lane (14.25km) Location Gujiao City Changzhi City Changzhi City Operation Date April 1999 July 2000 August 2000 Expiry Date 2025 2023 2023 Current Toll Rates Rmb10 – Rmb60 Rmb10 – Rmb60 Rmb10 – Rmb70 (effective from 5 August 2002) (effective from 5 August 2002) (effective from 5 August 2002) 2003 2002 2001 2003 2002 2001 2003 2002 2001 Ave. Daily Traffic Flow 1,019 955 973 1,161 1,087 1,305 2,749 3,682 2,280

30. Wuhan Airport Wuhan City Expressway Road Project NWSH’s Attributable Interest 40% Form of Investment CJV Length 18km Lanes Dual 2-Lane Location Wuhan City Operation Date April 1995 Expiry Date 2025 Current Toll Rates Rmb5 – Rmb50 2003 2002 2001 Ave. Daily Traffic Flow 6,974 6,647 5,700

Roads

Expressway

31. Tangjin Expressway Tianjin (Tianjin North Section) Municipality NWSH’s Attributable Interest 90% distributable cash for the first Road Project 15 years; 60% of distributable cash for the last 15 years Form of Investment CJV Length Section I: 43.4km Section II: 17km Lanes Dual 2 to 3-Lane Location Tianjin Municipality Operation Date Section I: January 1999 Section II: January 2001 Expiry Date Section I: 2028 Section II: 2030 Roads Current Toll Rates Rmb5 – Rmb110 Expressway 2003 2002 2001 Ave. Daily Traffic Flow 13,313 10,615 9,235

Hong Kong 32. Tate’s Cairn Tunnel NWSH’s Attributable Interest 29.5% Road Project Form of Investment Equity Length 4km Lanes Dual 2-Lane Location Hong Kong Operation Date June 1991 Expiry Date 2018 Current Toll Rates HK$10 – HK$20 2003 2002 2001 Ave. Daily Traffic Flow 61,456 63,519 63,992

Roads

Expressway NWS Holdings Limited Annual Report 2003 170/171

Bridges

Guangdong 1. Gaoming Bridge NWSH’s Attributable Interest 30% / 80% Bridge Projects Form of Investment CJV Length 1.1km Lanes Dual 1-Lane Location , City Operation Date November 1996 Expiry Date 2021 Current Toll Rates N/A 2003 2002 2001 Ave. Daily Traffic Flow 16,227 15,816 14,977

Bridges

Grade 1 Highway

Grade 2 Highway

2. Deqing Xijiang Bridge

NWSH’s Attributable Interest 60% Form of Investment CJV Length 1.4km Lanes Dual 1-Lane Location Deqing County Operation Date May 1999 Expiry Date 2022 Current Toll Rates Rmb2 – Rmb25 2003 2002 2001 Ave. Daily Traffic Flow 1,864 1,928 1,652

Wuhan City 3. Wuhan Bridge Development Bridge Project NWSH’s Attributable Interest 48.86% Form of Investment JSC Length 4km Lanes Dual 2 to 3-Lane Location Wuhan City Operation Date Yangtze River Bridge No. 2: June 1995 Han River Bridge No. 1: January 1956 Han River Bridge No. 2: April 1978 Expiry Date N/A Current Toll Rates N/A All three bridges have ceased collecting toll Bridges 2003 2002 2001 Expressway Ave. Daily Traffic Flow 58,800 45,476 40,682

Tianjin 4. Tianjin Yonghe Bridge NWSH’s Attributable Interest 90% Municipality Form of Investment CJV Length 0.5km Bridge Project Lanes Dual 1-Lane Location Tianjin Municipality Operation Date December 1998 Expiry Date 2023 Current Toll Rates N/A (ceased collecting toll from 1 June 2003) 2003 2002 2001 Ave. Daily Traffic Flow 4,920 4,811 5,575

Bridges

Expressway Project Key Facts and Figures — Infrastructure Management

Energy

1. Zhujiang Power Station – 2. Zhujiang Power Station – 3. Shunde De Sheng Phase I Phase II Power Plant

NWSH’s Attributable Interest 50% 25% 60% Form of Investment EJV EJV CJV Installed Capacity 600MW 600MW 273.5MW Location Nansha Economic Development Zone, Nansha Economic Development Zone, , Foshan City, Guangzhou City Guangzhou City Guangdong Province Type of Power Coal-Fired Thermal Coal-Fired Thermal Oil-Fired Thermal Operation Date January 1994 April 1996 October 1995 Expiry Date 2017 2020 2017 2003 2002 2001 2003 2002 2001 2003 2002 2001 Power Generation (GWh) 3,373 3,537 3,148 3,902 3,183 3,335 1,329 1,349 1,298

4. Sichuan Qianwei Dali 5. Power Power Plant

NWSH’s Attributable Interest 60% 19% Form of Investment CJV Equity Installed Capacity 54MW 488MW Location Qianwei County, Leshan City, One in Macau and Two in Sichuan Province Type of Power Coal-Fired Thermal Oil-Fired Thermal Operation Date November 1997 November 1985 Expiry Date 2022 2010 2003 2002 2001 2003 2002 2001 Power Generation (GWh) 300 230 199 1,876 1,831 1,735 NWS Holdings Limited Annual Report 2003 172/173

Water Treatment & Waste Management

1. Macao Water Supply 2. Lianjiang Water Plant 3. Tanzhou Co. Ltd. Water Plant

NWSH’s Attributable Interest 42.5% 30% 29% Form of Investment Equity Equity Equity Capacity 255,000m3 / day 100,000m3 / day 60,000m 3 / day Location Macau Lianjiang, Guangdong Province Zhongshan, Guangdong Province Operation Date 1985 N/A January 1994 Expiry Date 2010 2027 2027

4. Zhongshan Dafeng 5. Zhongshan Quanlu 6. Microfiltraton Water Plant Water Plant Equipment Plant

NWSH’s Attributable Interest 33.06% 33.06% 25% Form of Investment Equity Equity Equity Capacity 200,000m3 / day 500,000m3 / day N/A Location Zhongshan, Guangdong Province Zhongshan, Guangdong Province Dongguan, Guangdong Province Operation Date April 1998 April 1998 September 1995 Expiry Date 2020 2020 2014

7. Nanchang Water Plant 8. Baoding Water Plant 9. Siping Water Plant

NWSH’s Attributable Interest 25% 45% 25% Form of Investment Equity Equity Equity Capacity 50,000m3 / day 260,000m3 / day 118,000m3 / day Location Nanchang, Jiangxi Province Baoding, Hebei Province Siping, Jilin Province Operation Date January 1996 June 2000 September 2000 Expiry Date 2023 2020 2030

10. Zhengzhou Water Plant 11. Xinchang Water Plant 12. Changtu Water Plant

NWSH’s Attributable Interest 25% 25% 35% Form of Investment Equity Equity Equity Capacity 360,000m3 / day 100,000m3 / day 50,000m 3 / day Location Zhengzhou, Henan Province Xinchang, Zhejiang Province Tieling, Liaoning Province Operation Date August 2001 March 2002 December 2000 Expiry Date 2031 2032 2029

13. Panjin Water Plant 14. Shanghai Spark 15. Shanghai SCIP Waste Water Plant Water Plant

NWSH’s Attributable Interest 30% 25% 25% Form of Investment Equity Equity Equity Capacity 110,000m3 / day 100,000m3 / day Wastewater: 50,000m3 / day Industrial water: 200,000m3 / day Location Panjin, Liaoning Province Shanghai Shanghai Operation Date April 2002 January 2002 December 2003 (Estimate) Expiry Date 2032 2031 2052

16. Qingdao Water Plant 17. Chongqing Water Plant 18. Shanghai SCIP Waste Incineration Plant

NWSH’s Attributable Interest 25% 30% 10% Form of Investment Equity Equity Equity Capacity 543,000m3 / day 275,000m3 / day 50,000-60,000 tons / year (Estimate) Location Qingdao, Shandong Province Chongqing Shanghai Operation Date August 2002 November 2002 May 2006 (Estimate) Expiry Date 2027 2052 2053